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Subsequent Events
6 Months Ended
Jun. 30, 2019
Subsequent Events [Abstract]  
Subsequent Events

16. Subsequent Events

On July 1, 2019, the building sale closed consistent with terms of the Sale Agreement detailed in Note 5 – “Property and Equipment, Net”. Upon the closing of the Sale Agreement, the Company entered into a lease agreement (the “Leaseback Agreement”) with the buyer to lease approximately 185,000 square feet of the Building over a 12-year term, where we expect to continue operating our headquarters. The Leaseback Agreement also provides the Company two separate options to extend the lease for eight years each and a third option to extend the lease for six years (for a total of an additional 22 years). The initial base rent will be approximately $10.7 million for the first year of the lease, and may increase by an annual amount not to exceed 3.25% per year.